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20121004
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to step up the competition with prepaid phone carriers. >> samsung is officially targeting apple's iphone 5. let's go to linda bell at bloomberg headquarters in new york. , samsung ise 5 accusing apple's iphone 5 of infringing on its patents. samsung began its investigation the iphone 5 as soon as it was available for purchase. the world's two biggest makers of high-end phones have been other on four iphone andover the other devices. postal workers are being d $15,000 for early retirement. that is as the postal service is ining to cut $20 billion operating costs by 2015. it also may have lost $15 yearon in the fiscal ending september 30. this would only put a dent in its debt. 114,000 members of the american postal workers union are eligible. they have a workforce of 530,000 people. has unveiled a $99 no contract at month. this includes unlimited talking texting and 1 gigabyte of data per month. it starts on october 7 and is offerss than previous similar features. even with a price cut, at&t's offering is still more costly some rival services mobile.ng t- linda bell reporting for abc 7 ne
. >>pam: after a patent dispute between samsung and apple a federal judge in san jose ruling that samsung is allowed to selltablet in the un. the sales were banned while they're in trouble. in the month of august there were patent violations found and it was awarded $1 billion in damages. however, the galaxy tablet does not infringe on apple's ipad design code and the samsung demand for a new trial is scheduled. >> we are following these great balls of fire. we have that video and much more, coming up. [ male announcer ] sizzler's classic tri-tip and endless salad bar for $11.99. we start with tri-tip that's cut fresh daily, add in seasonal salads, soups, and sweet treats. sizzler. >>jacqueline: today a very hot day around the bay area. the high temperatures today for the inland valleys top the triple digits. with 100 and concord. 101 degrees in napa, san ramon. and the only record high today was in mountain view. 95 degrees. san jose event tied it but every were all temperatures fell short. it is hard to believe still so hot in a number of locations. with offered nine these for the inlan
be more sustainable. >> samsung has filed a motion with the u.s. court at apple's iphone 5 to their ongoing patent battle. they filed a motion yesterday with a california court alleging apples iphone 5 and fringes on eight of its patents. samsung release a statement saying " we have always preferred to compete with the marketplace with our innovative praguproducts instead of an the court room. the company went on to say it little choice now but to take the steps necessary to can't protect our innovations and intellectual property rights. apple is confirming there is a bug that is causing some of their phones to consume major amounts of cellular data. it is happening even when the phones are hitched up with y 5. apple has not commented on how widespread the problem is that it did issue a software update over the weekend that should fix the issue. this should help rise in and possibly at&t users as well. >> a great deal here from christie fields, it look at how come the bay says. let's just shows you the warm air is in place. and the diablo wins are not kicking in. hot temper
have and as the technology like the samsung galaxy and must be loaded with the software program designed to rebuff transit agencies. >> division construction is well under way on the new 49ers stadium. elise year read is live in santa clara with details on a special tour. >> there have not been many opportunities for the public to see what is going on inside of the stadium as it is being built. today, we had a chance to see that construction has mark. the frames except a little over 100 ft.. the project executive says four more stories will be built on top of that. >> we are told that this is a very aggressive schedule but they are on track to be open for the 2014 season. >> temperatures were about the same as what we saw out there yesterday. here is a live look outside from our roof camera. temperatures right now are all close to the coastline. so we are vortices more widespread fog coverage into tomorrow. >>pam: several students at high-school are under arrest. the president calls for peace after tensions between the old west and the middle east continued to erupt in and
use of transit car. >> the smart phones must have nfc technology like the samsung dallas the. they must be loaded with the south whersoftware program. >> i would take my limited use clipper card it right near the phone or touch to the phone and it would reload additional rights on the card for free. then i can walk right over there walk right through the toll gate and drive muni for free. the match thousand commission has known about this footage of rafeal for more than a year and so far few writers if any have taken advantage of the flock. >> certainly there are certainly thousands of limited tickets used on munich every day. cost in one instance of abuse. and that h yet to be conconfirmed on the golden gate very. >> more likely will be prohibiting them from being reloaded or allowing each car to be used for a limited period of time. >> in san francisco dan kerman kron 4 news. >> are right we will take a break is 4: 23 back with more in just a couple of minutes. we are back. >> staples plans to trim retail footage in the u.s. about by 15 percent by the year 2015. they're clo
founder steve jobs would have done? will it create end roads for rivals like google and samsung? jay thinks is this a troubling sign while roy says the issue really is minor. jay, this is more evidence for you that you feel apple's better days are behind them, yes? >> well, their best days were just when they invented the iphone and the ipad. i don't know how any company will have better days than that. i think they still have very good days ahead of them. i think this is a worrisome sign because it's software that's core to the company, core to the experience of the ipad and iphone. they had to get it right. they knew they couldn't screw this up. somehow they did screw it up. >> roy, you said tim cook did the right thing by apologizing and it's not such a big deal. tell us how you feel. >> definitely. when the original iphone 4 rolled out, steve jobs' immediate response was, you're holding the phone wrong. he got a lot of backlash. a few days later, they released bumpers to everybody. they admitted there was an issue. they changed it. obviously there was an error and they've fixed i
from that. because right now people are saying, let me get into that samsung line. it's the greatest -- >> and then a difficult story to read, nokia apparently considering selling their 55,000 square foot headquarters in finland, burning the furniture. i don't know if they have reached that point or not. >> it does feel like a citizen cain situation burning there. i don't understand. nokia is literally -- it's like someone called me on "mad money" and said, nok means no. not okay. not okay to buy. i mean, people keep wanting to come in and say, listen, this is the bottom of nokia. one of the major things i learned while working in my hedge fund is that stocks do stop at zero so you may get lucky here. >>> when we come back, he's known for his winning bet at subprime. what is kyle bass betting now? especially about japan? and we'll talk to david faber at the barefoot economic summit in texas. then -- >> cuff links, gold ones. >> not on our watch. >> lifelock kicking off a big week for ipos. we'll bring you the opening trade and talk to the ceo about his company's wall street debut. >>
%. but will next year's blackberry 10 help stop the loss of market share to companies like apple and samsung, thorsten heins will join us first on cnbc. >>> the fight for the swing states. senator rand paul hoping to bring libertarian and tea party voters into the romney camp. we'll ask him about his message to voters in battleground states just north of his like ohio. >>> and it's the final trading day of the third quarter. find out what's making you money and what's dragging your portfolio down in our sector spotlight. >>> the third hour of "squawk box" starts right now. ♪ what does that mean nothing going to break my stride nobody going to slow me down ♪ ♪ oh no i got to keep on moving ♪ >> welcome back. i don't know. welcome back to "squawk box" here on cnbc first in business worldwide, i'm joe kernen along with becky quick and andrew ross sorkin, and our guest host is bethany mclean, author "the smartest guy in the room" the account of record on the fall of enron and she's a cnbc contributor and -- >> and also her doubles are here, her most recent book. >> we had seamus on last
Search Results 0 to 7 of about 8